China’s top developers saw property sales slide further in January, analysts say housing market not yet bottomed out

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China's leading property developers see home sales decline further in January and analysts believe the housing market hasn't bottomed out yet despite a series of policy measures to boost home demand.

Data from China Real Estate Information Corporation (CRIC) showed that top 100 property developers' sales slumped 46.3% in January from the previous month to 525.6 billion yuan, sliding 39.6% from a year earlier.

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